The selloff could have been triggered by strong US economic data and concerns about tariff policies under President-elect Donald Trump.
Altcoins also suffered losses, with Cardano (ADA), Solana (SOL), and Avalanche (AVAX) leading declines.
Bitcoin's dramatic two-day plunge has rattled the
crypto market, erasing nearly all of its early 2025 gains and sparking a fresh
wave of investor anxiety.
Amid fears of rising inflation, surging bond yields,
and potential US tariff policies under the incoming administration, Bitcoin
fell to a low of $92,900 today (Wednesday), leaving traders debating
its next move.
Fed Policy and Tariff Concerns
The selloff began earlier this week as strong US
economic data caused fears that the Federal Reserve might maintain a hawkish
stance longer than anticipated, CNBC reported.
The 10-year US Treasury yield surged, pressuring risk
assets across the board. Bitcoin, which briefly traded above $102,000 on
Monday, plunged nearly 5% in the daily chart. At the time of publication,
the price was $94, 361, down 2% in the past day.
BTCUSD Price Today, Source: CoinMarketCap
Among altcoins, Cardano's ADA, Solana (SOL), and
Avalanche (AVAX) led losses. Cardano (ADA) currently trades at $0.921,
representing an 8% decline in the past day. SOL, DOGE, and AVAX are down 4%,
5%, and 6%, respectively.
Minutes from the Federal Reserve's recent policy
meeting reportedly highlighted rising concerns about inflationary pressures. Additionally,
uncertainty surrounding President-elect Donald Trump's potential tariff
policies has reportedly added to market jitters.
These factors have traders reevaluating expectations
for 2025, with rate cuts potentially fewer than previously anticipated.
Historically, rate cuts have buoyed Bitcoin prices, while rate hikes have had
the opposite effect. Any signs of delayed cuts could hinder Bitcoin's
upward trajectory, keeping traders on edge.
Long-Term Prospects
Bitcoin's long-term prospects remain tied to broader
adoption, regulatory clarity, and technological innovation. With 2024 marking
significant milestones such as spot ETF approvals and institutional adoption,
investors remain cautiously optimistic about Bitcoin's role in portfolios.
Technically, BTC is facing a downward price momentum.
The cryptocurrency could find support at $91,829. Currently, it trades below the 50-moving average but remains above the 200-moving average.
Bitcoin's Technical Outlook, Source: TradingView
On the daily price chart, the Relative Strength Index is at 44, meaning the price is above the oversold zone and could drop further before the trend changes.
For now, market participants will watch for upcoming
economic data and Trump's inauguration for cues. While uncertainty looms,
Bitcoin's resilience in past downturns offers a glimmer of hope for traders
seeking a rebound.
Bitcoin's dramatic two-day plunge has rattled the
crypto market, erasing nearly all of its early 2025 gains and sparking a fresh
wave of investor anxiety.
Amid fears of rising inflation, surging bond yields,
and potential US tariff policies under the incoming administration, Bitcoin
fell to a low of $92,900 today (Wednesday), leaving traders debating
its next move.
Fed Policy and Tariff Concerns
The selloff began earlier this week as strong US
economic data caused fears that the Federal Reserve might maintain a hawkish
stance longer than anticipated, CNBC reported.
The 10-year US Treasury yield surged, pressuring risk
assets across the board. Bitcoin, which briefly traded above $102,000 on
Monday, plunged nearly 5% in the daily chart. At the time of publication,
the price was $94, 361, down 2% in the past day.
BTCUSD Price Today, Source: CoinMarketCap
Among altcoins, Cardano's ADA, Solana (SOL), and
Avalanche (AVAX) led losses. Cardano (ADA) currently trades at $0.921,
representing an 8% decline in the past day. SOL, DOGE, and AVAX are down 4%,
5%, and 6%, respectively.
Minutes from the Federal Reserve's recent policy
meeting reportedly highlighted rising concerns about inflationary pressures. Additionally,
uncertainty surrounding President-elect Donald Trump's potential tariff
policies has reportedly added to market jitters.
These factors have traders reevaluating expectations
for 2025, with rate cuts potentially fewer than previously anticipated.
Historically, rate cuts have buoyed Bitcoin prices, while rate hikes have had
the opposite effect. Any signs of delayed cuts could hinder Bitcoin's
upward trajectory, keeping traders on edge.
Long-Term Prospects
Bitcoin's long-term prospects remain tied to broader
adoption, regulatory clarity, and technological innovation. With 2024 marking
significant milestones such as spot ETF approvals and institutional adoption,
investors remain cautiously optimistic about Bitcoin's role in portfolios.
Technically, BTC is facing a downward price momentum.
The cryptocurrency could find support at $91,829. Currently, it trades below the 50-moving average but remains above the 200-moving average.
Bitcoin's Technical Outlook, Source: TradingView
On the daily price chart, the Relative Strength Index is at 44, meaning the price is above the oversold zone and could drop further before the trend changes.
For now, market participants will watch for upcoming
economic data and Trump's inauguration for cues. While uncertainty looms,
Bitcoin's resilience in past downturns offers a glimmer of hope for traders
seeking a rebound.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
